the local rag made no mention of a sell-on

They talked of 2 mill up front and 1.2 mill in extras.
User Posted Link

Brum were also "cash strapped", so it may have been front-loaded.

And to further muddy the waters, a Brum forum suggested that a "sweetener" for the Laffery loan was that they gave up the sell-on.

Posted By: Henclrikus, May 13, 10:49:32